Investment firm advises sale of auto body chain

Investment firm advises sale of auto body chain

RICHMOND, Va. — Founded in 1954, Kadel’s Auto Body is a provider of auto body repair services in the Pacific Northwest.

RICHMOND, Va. — Harris Williams & Co. announced the sale of Kadel’s Auto Body to ABRA Auto Body & Glass, according to a press release.

Harris Williams & Co., a member of The PNC Financial Services Group Inc., is a middle market investment bank focused on the advisory needs of its clients around the world, stated the release.

Joe Conner of Harris Williams & Co.’s Transportation & Logistics (T&L) Group and Matt Conaty, Ryan Budlong and Zach England of the firm’s Consumer Group, lead the transaction, continued the release.

Kadel’s is a provider of auto body repair services in the Pacific Northwest founded in 1954, reported the release, and the business currently operates 23 locations throughout Idaho, Oregon and Washington.

ABRA, founded in 1984, specializes in collision repair, paintless dent removal and auto glass repair and replacement, noted the release, with 286 company-owned and franchised repair centers in 22 states.

You can find the release here.

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